As recall in part one of this series on strategically turning your company newsletter ideas into a whole lot of money.
There is an absolute ton of ways for you to create (both) short and long term profits (whether) the company newsletter you use to market in is written by you or someone else.
In fact, it doesn’t really matter, provided the newsletter truly adds value to the subscribers. Which brings up another very important point. A basic one, but never the less, it needs to be stressed over and over again.
Your Company Newsletter Ideas Will Ultimately Belly Flop If It’s Just A Glorified Pitch Fest!
Ladies & Gentleman, nothing will turn off your potential customers and clients more than any type of (so called) newsletter and or association, that is 85%-95% sales pitch and 5%-15% helpful content.
In other words, make sure if you’re attempting to joint venture with any other vendor, that their newsletter contains at least 80% relevant,useful helpful content as opposed to simply a glorified sales tool that does nothing more proposition the subscribers.
Let’s talk about five more major benefits of newsletter publishing.(Whether it’s your company newsletter or not.)
Of course it goes without saying, that if its your newsletter, you ultimately have way more control.
1.) Major benefit # one: Here is your first major benefit of having a loyal subscriber to (either) your own person in house company newsletter or your opt in email list.
You can always send them special VIP promotions and or time sensitive coupon offers etc.Plus, your top JV partners best offers as well, for a fraction of the traditional costs.
2.) Major benefit # two: You can send periodic updates or special alerts to announce special ‘closed to the general public’ workshops (or) if your a retailer, why not inexpensively test offering special subscriber only after hours sales.
If your normally closed on Saturdays after 6pm. Why not announce on every third Saturday of the month, a special after hours sale where subscribers only!
And their special three new non subscriber guest limit. And the hours are 6:01 to 9:00 pm. Give each new guest a special 20% off their total purchase, ( no minimum purchase required) good for the next six months.
And track to see how many of these temporary customers convert into long term repeat customers, that stick around for years and years to come.
Plus, you could serve food and other refreshments and offer anybody that posts a positive comment on their Facebook page (provided) their active on social media., an additional 10% off for a grand total of 30% off.
Again, no minimum purchase required. Video tape some of your happy after hour shoppers and add the footage to (both) your blog and Facebook fan page. This way, new potential customers that visit your blog, will see the video footage and want in on the fun!
Translated: they’ll want to know how they can participate in your after hour sales!
You Should Be Strategically Testing Various Offers In Your Outgoing Newsletter …. (To Discover Which Vendors Should Seriously Consider Buying Ads In Your Publication.)
3.) Major benefit three: You can also use your newsletter to proactively (and inexpensively) test various offers to your list.
For ex; suppose that you currently have 100 offline newsletter subscribers, of course your actual number of subscribers is irrelevant here, you could inexpensively testing four separate offers from (if need be) four separate local offline JV partners (trying) to determine which if any offer, produces the most response.
Play it out, 25 of your subscribers will get a specific type of relevant offer that your JV partners offer. Take the top two offers and now you know which type of industries to solicit in the future (for both) paid advertising and potential JV arrangements!
4.) Major benefit four: Piggybacking off strategy # three: If you inexpensively test an offer to your list and you get an above average response.
Now you could approach that vendor with the following JV arrangement. You’ll periodically run their best market tested offer in your paid ad section for free, in exchange for 25-50% of their first sale profits!
Now they can market to your ever growing list with little or no upfront cost. And you in turn will approach them with the following potential JV offer.
For every business (and or) service provider that they personally introduce you to, and you successfully negotiate some type of JV arrangement with, you’ll lower your JV commission percentage by an additional 10%.
Which means, if you start out at a 50% JV profit share percentage. After their fifth successful referral, they get to start banking 100% of (both) the front and back end of their arrangement with you!
Think about it, your top JV partners can quickly get to 100% profits, simply by flapping their lips and introducing your business, product or service to their immediate inner circle of most influential business owner associates!
5.) Major benefit five: You could also showcase one of your top JV partners businesses each month by simply including their best mark tested fliers (and or) index cards inside your outgoing monthly offline newsletter.
You’ll include for free their best market tested flier inside your offline newsletter, in exchange for them approaching a local charity that they consistently do business with and negotiate an arrangement where the charity offers every donor that makes a second level donation.
Will receive your free three month trial subscription valued at X! The charity gets more B level donors, and they’ll mention it to their fellow charity heads, plus you’ll get additional free exposure to potential to long term repeat customers and clients for a fraction of the traditional cost!
And the best part is, you’ll be doing this right under your major competitors noses!Furthermore, let’s be clear here.
None of this will happen overnight. Nor will it simply fall into place on your very first try. No way!
But without a doubt, you can strategically turn your company newsletter ideas into a lot of money, for a fraction of the traditional cost.No mater what your particular niche is.
As always, if you got any value out of this post, please Digg or tweet this. Thanks!
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